An AAPG/DPA Event with JCORET-Certified Evaluator Training Class

Reserves Forum: Reserve and Resource Assessment Challenges

26-27 February 2015
  |  
Houston, Texas, United States

Join leading experts to learn about important new developments for developing rigorous, consistent and statistically valid reserve estimations. 

AAPG Spring Expo Cancelled? Don't Worry! Join the Digital Registry.

It has been 5 years since the SEC published “Modernization of Oil and Gas Reporting” which gave companies more flexibility and options for reserve and resource estimation. In that same period, unconventional activity has skyrocketed, resulting in new challenges for applying SEC guidelines. This forum will focus on what has changed over the past 5 years and how companies and PRMS are adapting to the change. Presentations will include talks on estimating reserves in unconventional reservoirs, applying reliable technology to accelerate P1 bookings, and PRMS challenges and issues. Come hear presentations on the following subjects:

  • Geoscience & Engineering: What new reserve challenges are facing earth scientists and engineers?
  • Unconventionals: How to approach reserve and resource estimation?
  • Reliable Technologies: What are they and how can they impact reserve bookings?
  • SEC & PRMS Standards, Guidelines, Challenges, and Issues: What is next?

This conference will be useful to earth scientists and engineers that are involved in reserve and resource estimation (from exploration discovery through to production) as well as anyone that manages oil and gas assets or the reporting of reserves.

Development Team Members
Want to be sure you do not have to write down your reserves?

Young Professionals
What is involved in preparing reserves estimates? How do we get the numbers right?

Executive Managers
Want to avoid an audit?

Then plan to attend the second annual AAPG/DPA Reserves Forum, a unique learning opportunity where we will engage these crucial topics as well as several others.

Goals
The Reserves Forum will focus on global reserve estimates; on making rigorous, consistent and statistically valid reserve estimations; on examining the engineering component of reserve assessment, providing information on compliance and reporting requirements.

JCORET Course – 27 February 2015

A JCORET-certified evaluator training class will be offered in conjunction with the DPA/AAPG Reserves Forum.

AAPG Spring Expo Cancelled? Don't worry! Join the Digital Registry.

Come to AAPG Reserves Forum and let DPA help you boost your professional career from the very outset.

1. Pay student rate ($150) and attend the full Forum plus networking reception.

2. In addition, you may fill out AAPG's new Professional Registry form 

3. We will create a database which will be sort-able by interest, experience, expertise

4. If you agree, we will make your entry in the database available to potential employers offering jobs and internships

5. We will also discuss the Research Launcher and the new young entrepreneurs program

26 February 2015

7:00 – 8:00: Registration and Breakfast

Introduction: 

8:00 – 8:15: Forum Introduction, “History of the Guidelines” - Ron Harrell (RSC)

Session 1:
Geoscience & Engineering

Chairs:

John Seidle

Eleazar Benedetto-Padron


8:15 – 8:45: Rock and Fluid Properties for Commerciality and the Enhancement of Recovery Efficiencies - Thomas Harris

8:45 – 9:15: Volume Classification in Resource Play Evaluations - Eleazar Benedetto-Padron

9:15 – 9:45: What is the Financial Side Looking For in the Reserves Report? - Samantha (Sam) Holroyd (SPEE)

9:45 – 10:00: Networking Break; Speakers Available for Discussion

Session 2:
Unconventional Reservoir

Chairs:

Ron Harrell

Eleazar Benedetto-Padron

 


 

10:00 – 10:30: Estimating Reserves in Unconventional Reservoirs - John Seidle (MHAUSA)

10:30 – 11:00: Using Reservoir Simulation in Reserves Estimation - Qin Guan (UH)

11:00 – 11:30: Combining Reservoir Simulation with DCA in Reserves Estimation - John Lee (UH)

11:30 – 12:45: Lunch 

During Lunch Pete R. Rose from Rose & Associates will be talking about "Perils of Professional Prediction"

Session 3:
Reliable Technologies

Chairs:

Sarah Saltzer

Leslie S. O'Connor

 


 

12:45 – 1:05: The Demonstration of a Reliable Technology for Estimating Oil and Gas Reserves - Rod Sidle (Consulting)

1:05 – 1:25: Proving a Technology to be Reliable - Sarah Saltzer (Chevron)

1:25 – 1:45: Reliable Technology for Reserves Estimation in Offshore Horizontal Development Wells, UK North Sea Turbidite - Richard Smith (Gaffney Cline and Associates) 

1:45 - 2:30: Panel Discussion

2:30 – 2:45: Networking Break; Speakers Available for Discussion

Session 4:
SEC & PRMS Standards, Guidelines, Challenges, and Issues

Chairs:

Edith Allison

Margo Liss

 


 

2:45 – 3:15: SEC Vs PRMS - Dan Olds (RSC)

3:15 – 3:45: SEC Reserve Reporting Standards - John Hodgin (SEC)

3:45 – 4:15: What is Happening with United Nations and SPE-PRMS - John Vickers (Deloitte)

4:15 – 4:45: PRMS Futures Challenges and Updates - John Ritter (OXY)-John Etherington

Ethics Class 

4:45 – 5:45: Ethics "Buying and Selling Ethical Prospects" - Robert Pledger (Ashford Oil & Gas Company) Sandi Barber (IHS) 

Closure 

Forum Conclusion - Eleazar Benedetto-Padron (RSC)

Ice Breaker 

6:00-7:30 Happy Hour

27 February 2015

JCORET - Certified Evaluator Training Class, John Etherington

Petroleum Resources Management System (PRMS)

This one day (8 hour) course is divided into 3 sessions:

Session 1 - A one hour overview of the system

Session 2 - Examines PRMS guidance in depth

Session 3 - Discusses hybrid systems that provides models that combine PRSM with SEC requirements and further examines how companies integrate deterministic and probabilistic methods

This course if the first of a series of training modules reviewed and endorsed by the Joint Committee (SPE / WPC / AAPG / SPEE / SEG) for Reserves Evaluator Training (JCORET)

Norris Conference Center - CityCentre, Houston, TX
Norris Conference Center - CityCentre, Houston, TX
816 Town & Country Lane, Suite 210
Houston Texas 77024
United States
(713) 590-0950
There are many lodging choices in the area at a variety of rates, so feel free to choose the lodging property you prefer
Hotels in the Area

1. Hotel Sorella CITYCENTRE 800 Sorella Ct
Houston, TX 77024

2. The Westin Houston, Memorial City
945 Gessner Road
Houston, Texas 77024

3. Candlewood Suites At Citycentre-Energy Corridor
10503 Town And Country Way
Houston, TX 77024

4. Four Points By Sheraton Houston West
10655 Katy Freeway
Houston, TX 77024

5. Extended Stay America Houston - Katy Freeway - Energy Corridor
11175 Katy Fwy
Houston, TX 77024

6. La Quinta Inn Houston Wilcrest
11113 Katy Fwy
Houston, TX 77079

7. Hampton Inn Houston I-10W/Energy Coridor
11333 Katy Freeway
Houston, TX 77079

8. Hospitality USA
1117 Upland Dr
Houston, TX 77043

$295.00
Expires on
26 February, 2015
Forum Only AAPG/DPA Member Fee
$650.00
Expires on
26 February, 2015
Course Only AAPG/DPA Member Fee
$800.00
Expires on
26 February, 2015
Forum + Course AAPG/DPA Member Fee
$350.00
Expires on
26 February, 2015
Forum Only Nonmember Fee
$750.00
Expires on
26 February, 2015
Course Only Nonmember Fee
$950.00
Expires on
26 February, 2015
Forum + Course Nonmember Fee
$295.00
Expires on
26 February, 2015
Forum Only NeoGeo Fee
$550.00
Expires on
26 February, 2015
Course Only NeoGeo Fee
$700.00
Expires on
26 February, 2015
Forum + Course NeoGeo Fee
$150.00
Expires on
28 February, 2015
Forum Only Student Fee

No refunds for cancellations after 29 January, 2015.

Includes workshop admission, program booklet (schedule, abstracts, presenter bios), workshop participant contact list, icebreaker cocktail reception, 1 lunch, 2 coffee breaks, 1 continental breakfast, sanitized PDFs of talks (with company permissions).

 

Margo J. Margo J. Liss DeGolyer and MacNaughton
Ron Ron Harrell Ryder Scott
Sarah Sarah Saltzer Chevron
John John Seidle MHA Petroleum Constulants LLC
Leslie S. Leslie S. O'Connor MHA Petroleum Consultants LLC
Amy Amy Mahan Event Coordinator +1 918 560-9431
Norma Norma Briggs Manager, Office of Divisions +1 918 560 2613
Susan Susan Nash, Ph.D. Director of Education and Professional Development +1 918 560 2604

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The American Association of Petroleum Geologists (AAPG) does not endorse or recommend any products and services that may be cited, used or discussed in AAPG publications or in presentations at events associated with AAPG.